DigiCo Infrastructure REIT Enters 71-Megawatt Contract at Flagship Data Center

MT Newswires Live09:09

DigiCo Infrastructure REIT (ASX:DGT) entered a 15-year contract with an unnamed technology firm for 71 megawatts of capacity at its SYD1 flagship data center campus, according to a Thursday filing with the Australian bourse.

The contract with a new customer takes the site to 100% contracted across 88 megawatts of total capacity. It also increases the weighted average lease expiry of DigiCo's Australian portfolio to over 10 years from roughly three years, per the filing.

Additionally, the company appointed Shape Australia as head contractor for the SYD1 expansion on a fixed-price lump sum design and construct contract.

DigiCo Infrastructure reaffirmed its fiscal 2027 underlying earnings before interest, taxes, depreciation, and amortization guidance of between AU$120 million and AU$125 million.

The company's shares fell 2% in recent Thursday trade.

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